Reports indicate that during the fourth quarter of 2017, 12.2% of people were uninsured compared to 10.9% during the fourth quarter of 2016. This is the first time since 2008 that the percentage of adults without insurance increased from a previous year. Read more at Washington Post, Los Angeles Times, and Reuters.
News that Benefits You
Welcome to CLG Employer Resources’ News Page. Here you will find uselful articles relevant to you..
The IRS is giving insurers and self-insured employer health plans, thirty extra days to distribute 1095-B & 1095-C forms to current and former enrollees. Please see Benefits Pro for more details.
The Children’s Health Insurance Program will be having to freeze enrollments and prepare to close programs throughout the country. See Modern Healthcare for more information.
Reports indicate that enrollments for the ACA are presently ahead of last year’s numbers, but by the 15th will still not have come close to last year’s totals of 9.2 million. It is expected to have a 1 to 2 million auto re-enrollment surge by December 15th. Please see the Washington Post for more details.
During Republicans of Congress’ Tax Reform Bill, Trump continues to endorse the repeal of the ACA Mandate, in an effort to cut taxes even further. Please see the New York Times for more details.
Due to Open Enrollment beginning November 1st, www.HealthCare.gov (the official website of the Affordable Care Act), has released new rate information for health care coverage. Please see the Wall Street Journal, and the AP for details.
Last week, President Trump ceased critical funding to subsidies that would continue the longevity of health care coverage, to millions of low-income Americans. This week, Senators Lamar Alexander (R-TN) and Patty Murray (D-WA), have come to an agreement to maintain short-term funding to the ACA. Please see the New York Times, the AP, the Washington Post, and the Bloomberg News for more details.
Millions of low-income Americans can expect to have their affordable health care coverage effected by the Cost-Sharing Reduction subsidies, suddenly being discontinued by the Trump administration. Please see the Washington Post, the Wall Street Journal, and the AP for more details.
An order on health coverage options is predicted to be signed by President Trump in the next week. The order is expected to alleviate some of the current; federal rulings, that manage health insurance options for Americans. Please see the New York Times, the Wall Street Journal, or The Hill for more details.